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Archive for the ‘Business News Headlines’ Category

Company Plans Worlds Most Powerful Rocket

April 11th, 2011 Naked News

A company called Space Exploration Technology has unveiled plans to build the most powerful rocket since the Saturn V in the 60s and 70s. It’ll be dubbed the Falcon Heavy and will be twice as powerful as the soon-to-be-retired Space Shuttles. It will be able …

 
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Dish Lands a Blockbuster Deal

April 7th, 2011 Naked News

A Blockbuster deal. The saga of the once-mighty Blockbuster Video chain continues. After a three-day auction of the company’s assets, Dish Network has emerged the winner. They agreed to buy Blockbuster Inc. with a bid valued at $228-million. They beat out billionaire investor Carl Icahn …

 
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FAA Calls For Boeing Inspections

April 6th, 2011 Naked News

The US Federal Aviation Administration has called for the inspections of 175 Boeing 737 aircraft. The safety measures come following the incident aboard a Southwest flight on Friday where a plane developed a 5-foot long hole in its roof during flight. 80 of the aircraft …

 
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Amazon Launches New Music Service

April 4th, 2011 Naked News

Amazon has released their new “Cloud Drive” service for all you music lovers. It’s pretty simple. You get 5 gigs of storage, which is good for about a thousand songs. Then you can play them from any web browser or mobile device running Android.

 
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Hack Attack Affects Hundreds Of Thousands Of Websites

April 1st, 2011 Naked News

A massive cyber-attack dubbed “Lizamoon” may have infected hundreds of thousands of websites. The hackers exploited security loopholes to insert links to their own site. Once there, users were told they were infected with a bunch of viruses, and were prompted to download bogus “security …

 
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Japan Auto Sales Slump Post Earthquake

April 1st, 2011 Naked News

Japanese auto sales have taken a huge dip in the wake of the recent earthquake and Tsunami. Sales in March were down 37% from the same month a year ago, with production at many plants shut down entirely due to power shortages and a …

 
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WTO Ruling Flies Against Boeing

April 1st, 2011 Naked News

The World Trade Organization has just ruled that American airplane manufacturer Boeing received $5.3 billion in illegal assistance from the US government. The funds were reportedly used for research and development. The ruling is one of many in Boeing’s long, costly and COMPLEX …

 
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More Audits For The Rich

March 31st, 2011 Naked News

Ever since the IRS launched a special enforcement unit called the Global High Wealth Industry, audits for the super rich have been on the rise. According to the latest IRS statistics, one in five households who earned upwards of 10 million dollars last year were …

 
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Kodak Seeking Billions From Apple And RIM

March 31st, 2011 Naked News

The US International Trade Commission is set to review a federal judge’s finding from January that neither Apple nor RIM violated an image-preview patent held by Eastman Kodak. If overturned, Kodak could seek more than 1 billion dollars in royalties from the technology giants. …

 
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Microsoft Wins Millions Of Nortel IPs

March 25th, 2011 Naked News

Microsoft has outbid dozens of other firms in an auction for Internet addresses from bankrupt telecom firm Nortel. Microsoft offered 7.5 million dollars for 470,000 IP version 4 addresses. In total, version 4 IP’s can support over 4 billion gadgets, but they are quickly drying …

 
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